Iran Economy

Iran's semiofficial ISNA news agency says Saudi Arabia and Iran have agreed to reopen diplomatic missions in their respective capitals and in additional cities. The report says the agreement was reached Thursday during a meeting of the foreign ministers of Iran and Saudi Arabia in Beijing. The agreement also calls for studying the possibility of resuming flights between the two nations and facilitating the visa process for the citizens of both countries. Saudi Arabia and Iran are long-time regional rivals, but have moved toward reconciliation as part of a deal brokered by China last month.

Iran has finalized a deal to buy Sukhoi Su-35 fighter jets from Russia, state media reported, as defense cooperation between the two countries deepens, reported Times of Israel

'As of now, there has been no confirmation from the authorities and the response from the embassy in Tehran is also taking time'

This force has been patrolling the streets of Iran since 2006, arbitrarily enforcing its strict dress code

As the system emerges from the Covid trauma and India shifts its sights to long-term targets, attention must turn to the underlying weaknesses that may scupper ambitious aspirations, writes T N Ninan

Iranian President Ebrahim Raisi said that Iran's economic, scientific and energy capacities can benefit bilateral and multilateral cooperation with other nations.

The Iranian nuclear chief has confirmed media reports that Iran has begun enriching uranium with the third cascade of new centrifuges at its Natanz underground facility

During the trip to Tehran next Tuesday, Vladimir Putin will attend a trilateral meeting with the leaders of Iran and Turkey

A member of Iran's syndicate of car parts producers says Iranian producers have an opportunity to export their wares to a Russian manufacturer, state media reported.

The statement offered a pessimistic assessment of efforts to revive the deal under which Iran had limited its nuclear programme.

Iranian media identified several possible candidates to succeed Hemmati at the bank, including Akbar Komeijani, a deputy governor of the bank.

In 2018, then-President Donald Trump pulled the US unilaterally out of the agreement

Iran's Supreme Leader Ayatollah Ali Khamenei has reiterated Tehran's position that US sanctions must be lifted before the country returns to its compliance with the 2015 nuclear deal

Iran on Sunday described a blackout at its underground Natanz atomic facility an act of nuclear terrorism, raising regional tensions

A South Korean oil tanker held for months by Iran amid a dispute over billions of dollars held in Seoul was leaving Iran early Friday

"We will not offer any unilateral gestures or incentives to induce the Iranians to come to the table," State Department Spokesperson told reporters during his daily briefing

Iran plans to roughly double oil production in the next year to 4.5 million barrels daily, as the country anticipates a loosening of US sanctions

The behind-the-scenes pushback to Washington and the extent of Germany's support to Iranian trade in the face of U.S. sanctions have not been previously reported

Iran has endured four years of devastating economic sanctions under a campaign of "maximum pressure" from Trump

The Iranian Foreign Ministry has called for a cessation of the US economic pressures against the Islamic Republic